Londinia Opportunities Analyses - 01/25/2022 (GMT) UNIBRIGHT (X100) - UBT/BTC - Daily

UNIBRIGHT (X100) - UBT/BTC
- BTC (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: UBTBTC
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 0.002622 BTC
My targets
0.002186 BTC (-9.32%)
0.001535 BTC (-36.35%)
My analysis
UNIBRIGHT (X100) - UBT/BTC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.002622 BTC. The next support located at 0.002186 BTC is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.001535 BTC. Below this support, sellers could then target 0.001418 BTC. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8.4

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Additional analysis

Quotes

UNIBRIGHT (X100) - UBT/BTC rating 0.002411 BTC. On the day, this instrument gained +1.05% and was traded between 0.002390 BTC and 0.002504 BTC over the period. The price is currently at +0.88% from its lowest and -3.71% from its highest.

0.002390
0.002504
0.002411

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Journalier chart of UNIBRIGHT (X100) - UBT/BTC indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily


Bullish harami cross

Type : Bullish

Timeframe : Daily




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.001418 0.002411 0.002622 0.003315 0.004530
Change (%) -41.19% - +8.75% +37.49% +87.89%
Change -0.000993 - +0.000211 +0.000904 +0.002119
Level Minor - Major Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0017600.0019950.0021900.0024250.0026200.0028550.003050
Camarilla0.0022680.0023070.0023470.0023860.0024250.0024650.002504
Woodie0.0017410.0019850.0021710.0024150.0026010.0028450.003031
Fibonacci0.0019950.0021590.0022600.0024250.0025890.0026900.002855


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0017580.0021490.0023650.0027560.0029720.0033630.003579
Camarilla0.0024150.0024710.0025260.0025820.0026380.0026930.002749
Woodie0.0016720.0021050.0022790.0027120.0028860.0033190.003493
Fibonacci0.0021490.0023810.0025240.0027560.0029880.0031310.003363


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0004600.0015350.0021860.0032610.0039120.0049870.005638
Camarilla0.0023630.0025220.0026800.0028380.0029960.0031540.003313
Woodie0.0002490.0014290.0019750.0031550.0037010.0048810.005427
Fibonacci0.0015350.0021940.0026010.0032610.0039200.0043270.004987

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 31.76
MACD (12,26,9): -0.0002
Directional Movement: -11.534632
AROON (14): -92.857143
DEMA (21): 0.002593
Parabolic SAR (0,02-0,02-0,2): 0.003078
Elder Ray (13): -0.000273
Super Trend (3,10): 0.003392
Zig ZAG (10): 0.002414
VORTEX (21): 0.8683
Stochastique (14,3,5): 17.96
TEMA (21): 0.002503
Williams %R (14): -80.41
Chande Momentum Oscillator (20): -0.000571
Repulse (5,40,3): -11.1727
ROCnROLL: 2
TRIX (15,9): -0.6490
Courbe Coppock: 31.25
MA7: 0.002626
MA20: 0.002876
MA50: 0.003130
MA100: 0.003390
MAexp7: 0.002592
MAexp20: 0.002823
MAexp50: 0.003102
MAexp100: 0.003451
Price / MA7: -8.19%
Price / MA20: -16.17%
Price / MA50: -22.97%
Price / MA100: -28.88%
Price / MAexp7: -6.98%
Price / MAexp20: -14.59%
Price / MAexp50: -22.28%
Price / MAexp100: -30.14%

Quotes : - Real time data - Cryptocompare